2407-2503 E 12th Avenue
TAMPA, FL 33605

$1,250,000

Description

Originally built as housing for cigar factory workers migrating to Ybor City these five duplexes have been transformed into modern flats with an industrial twist. The unit mix is made up of eight 1 bedroom 1 baths and two 2 bedroom 1 bath units. The exposed block walls are reminiscent of the past while the modern amenities are a reflection of the dynamic urban renaissance Ybor City is experiencing right now. Each unit features central HVAC plus tankless hot water heaters, stainless steel glass top stoves, overhead microwaves & refrigerators. Upgrades include new LVT & carpet, new windows and fresh interior/exterior paint throughout. Walking distance from Tampas best restaurants and entertainment this is modern city living at a great value. Occupancy has been above 90% since renovated with rents increasing annually. Sitting on .75 acres total with a YC-2 zoning there are several redevelopment options and opportunities. Property consists of six total parcels, see survey in attachments for details. Call today to schedule a showing.

Details

MLS#T3192416
Sub-TypeResale
StatusActive
Year1958
Days On Site9

Features

SQ Feet5,040
Units10
Building(s)5

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33605
Area33605 - Tampa / Ybor City
Listing VS Median (in 33605)
Price:
$1,250,000
low | high
Med:
$149,900
100% of Average
SqFt:
5,040
low | high
Med:
988
100% of Average
$ / SqFt:
$248
low | high
Med:
$152
88.826234817814% of Average
On Site:
9
low | high
Med:
20
45% of Average
Listing Updated: 08/18/2019
MLS Number: T3192416
Listing Provided By:
Kristoffer Slaven  of  SIGHT REAL ESTATE LLC

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